New Report: $125 Million in Energy Cost Savings Possible for Publicly-Owned Buildings in Alaska

ANCHORAGE, AK – October 30, 2012 – (RealEstateRama) — Alaska Housing Finance Corporation (AHFC) released today the first in-depth report about public facility energy usage in Alaska, paving the way for better understanding of this issue. The report was completed after conducting comprehensive energy audits on 327 State, municipal and school district-owned buildings using American Recovery & Reinvestment Act (ARRA) funds. Based on the collected data, it is estimated that more than 5,000 publicly owned buildings exist in Alaska. The estimated energy cost to the public each year totals approximately $641,245,000. At the average projected savings of $25,000 per building per year, potential savings generated from energy-efficient improvements could total $125 million.